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Updated over 3 years ago,

Thomas Shepard's profile image
Thomas Shepard's profile image
Thomas Shepard
  • Rental Property Investor
  • from Cookeville, TN
  • Member since Jan 24, 2019
  • Posts 49
  • Votes 25
  • Experience 5 Yrs
  • Investments 4
Connect

User Stats

49
Posts
25
Votes
Thomas Shepard's profile image
Thomas Shepard's profile image
Thomas Shepard
  • Rental Property Investor
  • from Cookeville, TN
  • Member since Jan 24, 2019
  • Posts 49
  • Votes 25
  • Experience 5 Yrs
  • Investments 4
Connect
Thomas Shepard
  • Rental Property Investor
  • Cookeville, TN
25
Votes |
49
Posts
Off Topic

Profitable to Rent out Carport for Additional Rental Income?

Thomas Shepard
  • Rental Property Investor
  • Cookeville, TN
Posted

My house has a covered carport that is about 12' x 20' that could easily fit a large vehicle or a small-medium RV and I'm considering if there is an opportunity to rent it out for rental income. The house is in the CA Bay Area where real estate is very expensive and I could see how people could want to safely park their vehicle for a monthly fee. I own the house, which is my personal residence.

Has anyone ever heard of this being done? What could the monthly rent look like? Any other thoughts are appreciated.

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